2011 Propel AGM Presentation

8/3/2019 2011 Propel AGM Presentation

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Moncton, New BrunswickOctober 12, 2011

Annual General Meeting 2011



propel AGM Meeting Agend

Annual General Meeting Order of BusinessPresident's ReportPropel Energy ReportFinancial ReportExecutive Director's ReportNominations and Approval of Motions

(Vote of propel Membership)

Motion 1: to approve agenda



David BaxterPresident

President’s Report



A new Executive Director…

…Trevor MacAusland



propel Impac

6 active Accelerator companie

41 people toda

31 more in next 6-month

$3.5M investe



propel Impac

propel entrepreneurs are game change

…and people are telling their stor



ClinicServer pens deal worthmillions in revenues

October 11, 2011 | Telegraph Journal

…first major international deal, partnering up with the United Kingdom's Chartered Society of Physiotherapy…



SmartSkin wins KIRA Award

for most promising startup 2010 | KIRA Awards



2011 SECOND PRIZE –

Zaptap(formerly airMe)Yan Simard | Fredericton

Zaptap to present products at Grow 2011August 08, 2011



2011 SECOND PRIZE - EnovexScott Walton | Saint John



Ganong shifts gearsto save on energy costsAugust 6, 2011 | Telegraph Journal



3rd year of sponsorship funding commitments

propel fundin




Propel Energy Report



Partnering to initiate smart grid pilot projects



Pilot Projects Funded

implement Energy Management solution in a smalindustrial environmen

implement Energy Management solution in a mediumsized institution

product development of an energy efficient solution foa medium sized manufacturer and exporte



Ian MooresTreasurer

Financial Report



Financial Highlights

• Results reviewed by firm Curry & Betts, Chartered

Accounts –to March 31, 2011

• 2011/12 funding provided via corporate sponsorcommitments. New money required to expand theoperation.



Statement oOperation

March 3



Financial Position – March 31

M ti 2 d 3



• Motion 2 - To approve the reviewed financial

statements as presented for the Year EndedMarch 31, 2011

• Motion 3 - To appoint the firm of Curry &

Betts, Chartered Accountants to serve asauditors to perform financial review for the2011-12 fiscal year

Motions 2 and 3



Trevor MacAuslandExecutive Director

Executive Director’s Report



we listened…

…closely



eating our own dog food

the summer of propel 2011business model design, customer development, pivo



2012



[email protected]/Confidential - Do not distri

Access to funding partnerBusiness and product advicConnections to future investmen

ValidatioPeer suppo

Pressure and disciplin

What founders told u



open and highly competitive

application process

pre-seed investment in exchange

for equity

focus on founder & team

time-sensitive support through

intensive mentoring and events

start-ups supported in cohorts

principally the

is…



In a sentence… The Propel Accelerator is a cohort-

based accelerator program for early

stage technology entrepreneurs to

increase their chances of long-termsuccess by providing an early

opportunity to funding, mentorship,

knowledge, and support.

S li l



a. Startup applicants apply to

participate in a two day Accelerator

Bootcamp and Mentor Day – 2

sessions per year

b. Each applicant is assessed for

Accelerator fit by a panel of

entrepreneurs and investors based

on quality of the team, business

opportunity and growth potential

c. propel invites winning teams to

follow a rigorous Accelerator

mentorship program for 5-months to

launch a minimum viable productthe a,b,c’s of…

THE RIGHT STU



THE RIGHT STU

have a technology focused idea/conce

can be a new or early stage start

preferably B2B focus on SaaS, mobileenterprise social networki

no business plan requir

no age restrictio

no geographic limitati

willing to commit to weekly in-persmeetings for a period of 5-mont



• Bootcamp

• Mentor Day

Shape

• Mentorshipprogram

Build• Demo Day

Launch



Shape

10 teamsSo what? Who cares? Why you? 2-d

Accelerator Bootcamp

Mentor Day

Up to 7 Accelerator program invites



mentor match

mentor GSD scrums

founder coachingmilestone development & review

networking

weekly peer groups

mentor diners & events

know-how sessions

proven methods & approaches

funding pitch opportunities Build



DEMO DAY – pitch your story…aga

Launch



Fall 201

AG

Launch Online ApplicatioProces

Q1 201Applicant Bootcamp

Mentor Da

Propel Accelerato

Q2 201

Demo Da



propel has an audacious goal anwe’re willing to put it in writing…




Board Nominations

Returning Director



Returning Director

David Baxter

Dan DoironDenis Desrosier

Dave Grebenc

Dan Martell

Ian MooresGerry Pond

Anita Punamiya

Larry Sampson

Dhirendra Shukla

Election of New Director



Election of New Director

Lorne Brett,TriStar Mercedes-Benz

Shawn Carver,thenextphase

Derek Jardine,FacilicorpNB

Scott MacIntosh,SwiftRadius

Motion 4: Election of Director



Motion 4: Election of Director

• Motion 4 - to approve the recommended slate ofDirectors and the Executive.

New DirectorsLorne BrettShawn CarverDerek JardineScott MacIntosh

Returning DirectorsDavid Baxter - PresidentDan DoironDenis DesrosierDave GrebencGerry PondAnita PunamiyaDan MartellIan Moores - TreasurerLarry SampsonDhirendra Shukla

Thanks to departing director



Richard JonesSHIFT Energy Inc

Nicolas-Emmanuel LeBlancEtch Media Group [propel Accelerator Rep]

Rick MacPheeMariner Partners Inc

Jeff McGuiganBell Aliant

Thanks to departing director



AGM Adjourned


2011 Propel AGM Presentation

Documents

Transcript of 2011 Propel AGM Presentation